Situated in the vibrant heart of Lancaster, this mid-terrace property on Thurnham Street offers a prime opportunity for renovation and investment. Just steps away from the canal and conveniently close to public transport links, shopping areas, and local eateries, this location is highly sought after by students and professionals alike. The proximity to Lancaster University and Royal Lancaster Infirmary further enhances its appeal as a rental property once restored.
The stone-built home maintains many original features typical of period architecture, providing a solid foundation for a complete overhaul. Inside, generous room sizes and high ceilings characterize the ground floor, which includes an entrance hallway leading to a spacious lounge with great potential for modern living spaces. A separate dining room flows into a compact kitchen, while stairs lead down to the basement, offering additional space that could be repurposed with the right vision.
On the upper levels, three bedrooms are positioned around a landing alongside a bathroom area. The layout allows for flexibility in redesigning as required. However, the property has been neglected for some time; thus it requires extensive work throughout including full system replacements for heating and hot water, window upgrades, and structural improvements to meet current standards. The rear yard also calls for substantial clearance and attention.
This is an exceptional chance for cash buyers or experienced developers looking to restore a property back-to-brick with promising rental yields or resale value in mind.
